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Article content When Alyssa Lau decided she didn’t want to pursue a graduate degree in biochemistry, she needed a new plan. Her cousin had just given her a copy of Naked Fashion: The New Sustainable Fashion Revolution, the 2011 book by Safia Minney that explores the wastefulness of the fashion industry and plots possible paths forward, advocating for a “buy less, but buy better” philosophy — consuming less but more ethically-produced and environmentally-conscious clothing. It was a resp...

After Jack Ma rankled China's leaders with criticism, intense scrutiny of his tech conglomerate continues.

Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised ...

On Monday, Google, Amazon, ByteDance, Discord, Facebook (including WhatsApp), Reddit, Snap, Twitter, and YouTube were ordered by the Federal Trade Commission (FTC) to share detailed documentation about their data collection and processing operations, including algorithms, advertising information, and “each User Attribute that the Company uses, tracks, estimates, or derives.” FTC commissioners Rohit Chopra, Rebecca Slaughter, and Christine Wilson insisted in a statement justifying the order ...

Anti-trust regulator fines Alibaba, Tencent-backed China Literature for non-disclosure of deals People walk by the Alibaba Group logo. Photo: Bloomberg Premium China’s market regulator said on Monday it fined Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan ($76,464.29) each for not reporting deals properly for anti-trust reviews. Continue reading this story with a subscription to DealStreetAsia. Contact us for co...

China fines Alibaba, Tencent for failing to report past deals to anti-trust regulators Toggle share menu Advertisement China fines Alibaba, Tencent for failing to report past deals to anti-trust regulators Chinas market regulator said on Monday it will fine Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan (US$76,464.29) each for not reporting deals properly for anti-trust reviews. FILE PHOTO: A logo of Al...

Share: Alibaba Group Holding Ltd (NYSE: BABA) has been fined by the Chinese market regulator for not reporting past deals properly, Reuters reported Monday (Shanghai time). What Happened: The State Administration of Market Regulation fined Alibaba $76,464.29 (RMB 500,000) after it reviewed the company’s deal with Intime Retail (Group) Co Ltd, according to Reuters. The market regulator also fined Chinese technology conglomerate Tencent Holdings Ltd (OTC: TCEHY) the same amount after it looked...

Chinas Alibaba, Tencent unit fined under anti-monopoly law by Zen Soo, The Associated Press Posted Dec 14, 2020 3:49 am EDT Last Updated Dec 14, 2020 at 3:58 am EDT HONG KONG — China’s market regulator on Monday said it fined Alibaba Group and a Tencent Holdings-backed company for failing to seek approval before proceeding with some acquisitions. It also is launching a review of a merger of two online streaming platforms in the latest tightening of controls over the internet sector. In a st...